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20110725
20110725
Search Results 0 to 6 of about 7 (some duplicates have been removed)
in afghanistan. the pentagon says funds from a $2.1 billion trucking contract to get supplies to american troops were funneled to the militants. a pentagon spokesman says a new contract will be awarded and applicants will be more thoroughly vetted. >>> we have an update tonight on the u.s. government law enforcement initiative that allowed guns to fall into the hands of mexican criminals. we have an exclusive report on some of the buyers in operation fast and furious. >> it's a lot of guns. that was the first thing that came into mind. >> this attorney represents manuel acosta, the man accused of recruiting 19 straw buyers later indicted for smuggling guns to mexico. >> they walk into a store, fill out a form, they buy a couple of rifles and walk out and give it to the guy. he gives them a few hundred bucks. >> to purchase a gun every buyer fills out this form. it asks, have you ever been indicted for a felony, been charged with a crime that allows for a year in jail? are you subject to a restraining order? the gun stores forwards that to the fbi, which then approves, denies or delays the purcha
and afghanistan, which republicans are likely to argue are not true cuts, so whose plan will prevail? in a conference call sunday boehner told his fellow house republicans i think we can win this for the american people, but then it's going to require some of you to make some sacrifices. if we stand together as a team, our leverage is maximized. they have to deal with us. >> that last comment was probably directed at the republican members who have said that they will not vote to raise the debt ceiling under any circumstances. speaker boehner will need their votes if he wants his legislation to win out in what is shaping up to be a partisan showdown. rebecca. >> cbs's nancy cordes on capitol hill. thanks, nancy. >>> if a deal does or does not happen, how does that affect most americans? joining us with answers is robin farzad, and already you are seeing the ripple effect of the uncertainty on the markets, but what's the ripple effect on average americans if this thing doesn't happen? >> it's mostly going to be psychological throughout the week. people perceive -- suddenly start perce
is going to count winding down the war in afghanistan as a substantial part of the savings. that could be worth about $1 trillion over 10 years. meanwhile, john boehner is working on his own deficit- reduction debt limit increase plan. he would take -- that plan would be affected in two stages. the first would be $900 trillion or so deficit reduction package, spending cuts, paired with roughly equal amount in debt limit increase. then he would empower a special committee to find an additional $1.60 trillion to authorize or trigger another increase in the debt ceiling. the problem with this proposal, however, it would require raising the debt ceiling by the requisite $2.40 trillion amount into the stages. that is something the president and democratic leaders after yesterday's said is a nonstarter. they say it would create too much uncertainty for the marketplace and the economy if this process had to be replaced at the beginning of next year or summer of next year. >> the house republicans made their own at last it with a cap and balance plan that did not make it to the senate. the pre
Search Results 0 to 6 of about 7 (some duplicates have been removed)

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